Skogerboe Tanya C. 4
Research Summary
AI-generated summary
Sleep Number (SNBR) SVP Tanya Skogerboe Receives Award
What Happened
- Tanya C. Skogerboe, SVP & Chief Supply Chain at Sleep Number (SNBR), received a grant/award of 22,322 shares on 2026-03-16 (code A). As part of the vesting/settlement, 3,547 shares were surrendered/withheld to cover tax liabilities at $3.45 per share, generating proceeds of $12,237 (code F). This is a compensation-related award (not an open-market purchase or voluntary sale).
Key Details
- Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (timely filing).
- Award: 22,322 shares reported as acquired (A) at $0.00 per share.
- Tax withholding: 3,547 shares disposed (F) at $3.45 each for $12,237 to cover tax obligations.
- Footnote F1: On 3/16/26, 10,876 shares vested from a restricted stock award and were withheld to cover estimated taxes (per the filing).
- Footnote F2: The filing notes an additional 45,086 restricted stock units that will vest over time.
- Shares owned after the transaction: not disclosed in this Form 4.
Context
- This filing reflects compensation vesting/settlement and routine tax-withholding, not a market sale or purchase that signals intent to trade the stock. Withholding shares to satisfy tax obligations is a common practice when restricted stock or RSUs vest.